Question
1.While performing a substantive test of details during an audit, the auditor determined that the sample results supported the conclusion that the recorded account balance
1.While performing a substantive test of details during an audit, the auditor determined that the sample results supported the conclusion that the recorded account balance was materially misstated. It was, in fact, not materially misstated.
a.Over-reliance
b.Under- reliance
c.Incorrect rejection
d.Incorrect acceptance.
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Essentials Of Accounting
Authors: Leslie Breitner, Robert Anthony
11th Edition
0132744376, 978-0132744379
